Required loan

Document requirements depend on the type of loan program you choose. Here is mortgage loan doc check list:

Required Documents for home purchase

  • If you are salaried; provide two most recent pay stubs
  • W-2 for the last two years
  • If you are self-employed, provide your tax returns for last two years (all pages), profit and loss statement for the current year
  • Last three month bank statements for both checking and saving accounts, please make copies of all pages
  • Most recent statement of 401-K, 403B, IRA or other retirement plans, if applicable
  • Copy of sales contract including all addendum
  • Copy of Earnest Money Deposit check (front and back)
  • Listing and selling agent contact information: office, cell and fax numbers
  • Title Company who will handle the closing for both parties (buyers and sellers)
  • Copy of rent/lease agreement on rental properties, if applicable
  • Check for $450 for appraisal and application fee payable to ARK Morgage & Properties LLC

Required Documents for Refinance

  • If you are salaried; provide two most recent pay check stubs
  • W-2 for the last two years
  • If you are self-employed; provide your tax returns for the last two years (all pages), profit and loss statement for the current year
  • Last three month bank statements for both checking and saving accounts, please make copies of all pages
  • Most recent statement of your 401-K, 403B, IRA or other retirement plans, if applicable
  • Last mortgage statement received from lender
  • Declaration page of homeowner insurance and agent information
  • Deed
  • Title insurance
  • Survey
  • Check for $450 for appraisal and application fee payable to ARK Morgage & Properties LLC

Required documents for a home equity Loan

  • If you are salaried: provide two years W-2 and one month of pay stubs OR if you are self-employed: provide two years tax returns and a YTD profit and loss statement
  • If you own rental property, please provide rental agreements and two years tax returns
  • Please provide a copy of the note on your first mortgage. This will normally be found in your closing loan documents
  • Please provide a signed letter explaining what you plan to do with the proceeds
  • Provide a copy of divorce decree if applicable
  • If you are NOT a US citizen, provide us with a copy of your green card (front & back) or, if you are NOT a permanent resident provide us with your H-1 or L-1 Visa
  • Check for $450 for appraisal and application fee payable to ARK Morgage & Properties LLC